Positive Jobs News Likely to Buoy Stocks

Brendan Conway reports on positive Asia and European stocks news as well as lower commodities prices. Photo: Getty Images.

This transcript has been automatically generated and may not be 100% accurate.

... the the ... why ... oh ... it's ... we think the job was ... signed in ... Mr. Market loves this number he saw the reaction in the Dow Essen P ... the futures ... the future said as he and ... the free market gains just about double so ... there's this isn't the kind of jobs report that the market ... likes to see ... now the one thing to keep in mind in here Simon is ... you know if this becomes a sustainable trend ... he definitely will see more pressure on the Fed to cut back on quantitative easing of Munnetra and that's money printing and you know that something that traders obviously take into account ... when they see the Dow rising rising for now ... it certainly looks to me like to see a fourth straight record ... close of the doubt that while on the wheel so um we have wit depends on how a nation of and Nikkei up close to three percent ... of overnight spam ... comes up when the index and Hank section Shanghai was down a touch out ... of that was before we got news for this right ... that's right that's right that ... we we had some good economic data in Asia one of them are just plain efforts especially interesting ... Japan ... in the fourth quarter they actually expanded GDP did you hear is for contraction so ... add that on top of the on ... call for more stimulus programs they are uncertain markets like with the seat ... on the Friday midday trading again before the people that don't Agus I mean you are up I was was pretty good all round dot ... com the foot C one hundred the U K index up one three percent to catch up when which is the from France and at some point nine percent the Dax and Gemini ... up when six and the uses a six hundred stocks in Europe um off point five percent ... all good mall this week it ... was good I mean I mean clearly Greyson in the polls right now ... have the advantage ... there's a lot of worry that as he gets to fresh by ... Denise to be a correction in the short run but ... right now you're just not seeing then that own tree ... tonight you looking at three three Stocks to die aam what ... Pandora Media is an interesting was his online radio address yesterday is ... that one is up about twenty five percent in premarket trading ... the big worry about this company has been that the business is not scalable right is is that it costs money to pay these you know to to to to to pay for music that cost money to acquire customers ... it's not something we have sunk costs ... and you know you just print money on ... this one around though the show that their expenses for dropping ... company still operating in the lost revenue surging ahead investors like to see that I may also like to see the of the CIA leaving to resolve the civil appeal as ... about as hell ... and I shivered in my back but you also can hope alive aam which is that that what we got to um DailyFinance and the canal or whether it's the it's okay ... yes this is a stock most people hadn't heard of a couple of months ago ... Carl Icahn just increased his stake ... it is you know they're the situation is Carl Icahn Billionaire investor is up against hedge fund manager Bill Ackman ... who thinks the company is a fraud ... that stock is up the market ... I would just point out that the stock is right around the spot where he laughed and started his attacks and he really gotta wonder they are how long can he kind of stick out with his short position it's expensive to do that ... they are expensive you than you might get a margin call because of much follow-up call the shots we took a ... bank stocks sending innocent this is to do with the the the supple stress tests that's right that's right the stress test results are in their couple surprises one of them is that Citigroup actually did well Citigroup is that over the shocking ... that that that the fabled full effect as with that yet that stock is up premarket ... typically Citigroup would would not come out as well as some other patients test this time use the reverse Citigroup in the so called tier one capital this is the most closely watched kind of ... buffer zone ... aam ... they they actually came out ahead ... on ... among some other banks were behind them were JPMorgan and Goldman to sitting as you know ... has in the past and deny the rights to stock buybacks this time a vestige of one point two billion ... looks like it like it ... okay now beat the stress tests of that time with the idea that we the American people MacIntyre Spezza map app but the bail out these banks again ... aam what what is this and some where's the sense in the news room and tumbled Wall Street about that is that we will end up doing that ... that certainly is the Pope's I'm in ... the heat you say never ever ever American governor ... London ago though ... that's up which I wish I wish you would do that ... um we also have some commodities some information that we looking at those pain in the commodities market ... the least in the crude oil market in the cocoa market what's going on ... yes I mean ... I just wanna point out right ... as the Dow is going to record highs again and again ... a couple of these photos will respond here is just are not falling ... the oil was down for the year copper's den for the year ... China emerging the insult to call but that wasn't in so many parts of the economy that such a great pastime of economy which is sort of comfort next ... will be gone on the show played with play to the fire of crime and calm when ... Barron's ... Dillon Read